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A-LevelEconomicsThe macroeconomy9708/12 · May/June 2011 · Q211 Mark

A government wishes to present its final balance of payments account. It has calculated the current account balance, the capital account balance and the financial account balance. What additional information is required to complete the task?

Achange in foreign currency reserves
Bforeign aid
Cnet errors and omissions
Dspeculative currency flows

✓ Correct answer

C: net errors and omissions

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About this question

Topic
The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, May/June 2011 Paper 1 Variant 2, question 21.

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